Deutsche Bank analyst Amit Mehrotra upgraded CSX to Buy and raised his price target for the shares to $56 from $42. The rail-based freight transporter closed yesterday up 23c to $48.71. After speaking with Mantle Ridge CEO Paul Hilal regarding the likely timing of potential operational initiatives, Mehrotra increased his "blue sky" target on CSX to $60 from $48. The entirety of potential profit improvements may be achieved inside of three years, versus a previous assumption of five years, Mehrotra tells investors in a research note. The analyst's "blue sky" scenario has Hunter Harrison and Paul Hilal running CSX.